Renz said the appeal hearing Wednesday at NCUA headquarters addressed the question of whether NCUA Region III Director Herb Yolles erred when he denied the credit union’s appeal of its CAMEL score.

The credit union told the SRC it doesn’t believe Yolles conspired to purposely deny the appeal but rather, depended upon “incomplete and incorrect” information from Examiner Roger A. Clark.

“We don’t have access to all the information (Yolles) had, but our exam report was incorrect,” Renz said.

The Ohio credit union executive called the hearing “very interactive” and said the three NCUA employees that sit on the SRC “listened” to what the credit union had to say.

Lee, the SRC chairman, told Credit Union Times on Friday the committee is “giving full, fair and independent consideration” to the information Commodore Perry officials presented in their appeal.

“The committee requested additional information from Commodore Perry and will also meet with appropriate NCUA staff. After that meeting and a review of the requested documents, the committee will be able to issue its decision in accordance with its guidelines and anticipates issuing a decision within 30 days,” Lee said.